Shein swung to a $99 million quarterly loss due to slowing sales after the U.S. removed an import duty exemption on small packages and a hefty one-time accounting charge, the online retailer's pre-IPO financial filings showed. How does this impact consumers? Reuters Asia Financial Services Correspondent Selena Li has more. #shein #retail #business #us
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Shein swung to a $99 million quarterly loss due to slowing sales after the U.S. removed an import duty exemption on small packages and a hefty one-time accounting charge, the online retailer's pre-IPO financial filings showed. How does this impact consumers? Reuters Asia Financial Services Correspondent Selena Li has more. #shein #retail #business #us
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0:36
A Little Debbie delivery driver is facing a slew of charges after police said he sold his snacks for cash at flea markets across Washington County, Pennsylvania, and then submitted thousands of dollars' worth of fake invoices to make it look like stores had bought his product. James Powell of Valley Grove, West Virginia, transported, delivered, stocked and serviced Little Debbie snack products at various retail locations, according to investigators. However, he allegedly had been selling the sna
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